Financial markets wipe out Brexit drops and gain nearly £100 billion lost – Express.co.uk


Express.co.uk

Financial markets wipe out Brexit drops and gain nearly £100 billion lost
Express.co.uk
The index shot up by 220 points yesterday to 6,360 as investors began to come to terms with Britain's decision to exit the EU. Market analyst Chris Beauchamp, of spread betting group IG, said: “It has been a remarkable few days all round, and global

Source:Financial markets wipe out Brexit drops and gain nearly £100 billion lost – Express.co.uk

In UK’s misery, EU leaders see tonic to quiet their own populists – Financial Times


Financial Times

In UK's misery, EU leaders see tonic to quiet their own populists
Financial Times
First EU leaders fretted that a Brexit might be contagious, encouraging other member states to follow suit. Now they are coming around to the opposite idea: that the financial and economic pain suffered by the UK since its vote to leave the bloc could

Source:In UK's misery, EU leaders see tonic to quiet their own populists – Financial Times

Brexit backers hit by big losses on company shares – Financial Times


Financial Times

Brexit backers hit by big losses on company shares
Financial Times
Peter Hargreaves, who founded financial adviser Hargreaves Lansdown and was the second-largest donor to the Leave campaign has been the biggest loser. His 32 per cent stake in the group fell by about £400m in the days after … Tim Martin, chairman and
CMC Markets' Peter Cruddas among big losers in post-Brexit market turmoilSMN Weekly (blog)

all 2 news articles »

Source:Brexit backers hit by big losses on company shares – Financial Times

Markets bounce back but City fears fresh falls – Evening Standard


Evening Standard

Markets bounce back but City fears fresh falls
Evening Standard
Joe Rundle, head of trading at spreadbetting firm ETX Capital, said: “This is a dead-cat bounce because I can't see what has changed. What you will get this week is the big fund managers, the pension funds, repositioning their portfolios. "They weren

and more »

Source:Markets bounce back but City fears fresh falls – Evening Standard

Sterling falls below Friday’s 31-year low amid Brexit uncertainty – CNBC (subscription)


CNBC (subscription)

Sterling falls below Friday's 31-year low amid Brexit uncertainty
CNBC (subscription)
"No political stability was seen over the weekend," Anthony Darvall, chief market strategist at spreadbetting firm easyMarkets, said in a note Monday morning. "Indeed, more uncertainty was evident as talks of a Scottish referendum and potential

and more »

Source:Sterling falls below Friday's 31-year low amid Brexit uncertainty – CNBC (subscription)

A tale of disciplined outers and complacent inners – Financial Times


Financial Times

A tale of disciplined outers and complacent inners
Financial Times
In 2012, the self-made spreadbetting billionaire had been accused by the Sunday Times of offering access to Mr Cameron in return for cash donations. The City financier quit as Conservative treasurer and was shunned by the party, “excommunicated”, in

and more »

Source:A tale of disciplined outers and complacent inners – Financial Times

Investors bet on remain as polling day trading lifts sterling and shares – The Guardian


The Guardian

Investors bet on remain as polling day trading lifts sterling and shares
The Guardian
In later trading it had come off highs but was still up 0.6% on the day at $1.4799. “Even though we all know that polls can be rubbish, the markets seem quite happy that the remain camp has done enough to win,” said Kathleen Brooks, research director

Source:Investors bet on remain as polling day trading lifts sterling and shares – The Guardian

Spread Betting Companies Gear Up for an All-Nighter, Hike Margins on GBP Pairs – Pound Sterling Live


Pound Sterling Live

Spread Betting Companies Gear Up for an All-Nighter, Hike Margins on GBP Pairs
Pound Sterling Live
Financial Spreads, the UK spread betting and CFD company, is expecting heavy trading volumes once the results of the EU referendum start being announced. According to Adam Jepsen, the founder of Financial Spreads, they have taken a number of steps …

Source:Spread Betting Companies Gear Up for an All-Nighter, Hike Margins on GBP Pairs – Pound Sterling Live

New gambling record: Betting on outcome of Brexit vote – CBS News


CBS News

New gambling record: Betting on outcome of Brexit vote
CBS News
Spread betting, on the other hand, does not provide a simple win or lose outcome, but can provide payoffs based on the accuracy of the bet. It has become increasingly popular, particularly to bet on financial markets. Betting on political events used

and more »

Source:New gambling record: Betting on outcome of Brexit vote – CBS News

Pound to Dollar Rate Coiled Below 1.47, Tipped for 1.52 Following Remain Victory – Pound Sterling Live


Pound Sterling Live

Pound to Dollar Rate Coiled Below 1.47, Tipped for 1.52 Following Remain Victory
Pound Sterling Live
I hope this is because clients are aware of the potential risks and/or they have heeded our warnings," says Adam Jepsen, founder of Financial Spreads, a spread betting firm. Jepsen says his staff will be on call all night on Thursday to deal with an

and more »

Source:Pound to Dollar Rate Coiled Below 1.47, Tipped for 1.52 Following Remain Victory – Pound Sterling Live

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